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Countrywide Home Loans in Rhode Island

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Legal Disclaimer: The Cyberhomes™ property valuation results from the use of some and/or all of the following: automated valuation technology, statistical modeling, public records data (as available from time to time) and human logic combined to provide a rational estimate of the possible selling price of a residential property. This valuation is and does not constitute an appraisal. This valuation contains no representations or warranties regarding a property's marketability, functional or economic obsolescence, environmental damage, compliance with existing building and safety codes and regulations, or flood insurance determination. This valuation does not warrant the accuracy or completeness of any public record information or data sources used to help determine this valuation.

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This property valuation tool is provided by Fidelity National Financial, Inc. Fidelity National Financial is not affiliated with Countrywide Financial Corporation ('Countrywide') or any of its affiliates. Countrywide makes no guarantees or warranties regarding this property valuation tool and is not responsible for the accuracy of any of the data provided. In processing applications for and making decisions regarding home loan financing, Countrywide determines the value of a property using data and valuation tools that Countywide considers appropriate for its underwriting criteria and internal decision making (collectively referred to as 'processes') and such processes may reach a different valuation than that provided by using this tool. Countrywide is not bound by or in any way obligated to accept, use or refer to the valuation and data provided by this tool in conjunction with any loan application or request for home financing.

Rhode Island Quick Facts

State Population:
1,048,319
State Capital:
Providence
Median Housing Value:
$295,700
Median Income:
$42,941
Avg Household Size:
2.47
Land Area:
44,817 sq mi
State Code:
RI
Largest City:
OAKLAND - 397,067
2006 Data from http://www.census.gov

Rhode Island – The Ocean State

Rhode Island is the smallest of the 50 U.S. states in size. The state’s official name is “The State of Rhode Island and Providence Plantations,” which can be traced back to its charter from King Charles II of England.

The state’s first permanent European settlement was in 1636 on the site of today’s Providence, and called Providence Plantations. It was set up by an English clergyman and a group of followers who left the Massachusetts Bay Colony seeking religious freedom. Others followed and founded the towns of Portsmouth, Newport and Warwick over the next half dozen years.

The four colonies banded together and eventually received the royal charter in 1663 for the “Colony of Rhode Island and Providence Plantations.” Just over 100 years later, on May 4, 1776, Rhode Island officially ended its relationship with England.

Other interesting facts about Rhode Island:

• Its territory includes 35 islands, and its shoreline totals 384 miles.
• It was the first state to prohibit slavery in North America in 1652.
• The first Baptist Church in America was founded in Providence in 1671.
• The first Synagogue in America was founded in Newport in 1763.
• Its top industries are health services, tourism and manufacturing.

Lower Your Interest Rate in Rhode Island

Do you want to lower the mortgage interest rate on your Rhode Island home? Do you want to lower your monthly payment1? You may want to explore your options for a home mortgage refinance.

You might be interested in a no closing cost refinance option2 or a cash out refinance loan to give you extra money to consolidate high interest debt.3 Or maybe you want to use the cash to make home repairs or improvements. Other choices include an equity loan or an equity line of credit, depending on your particular financial goals.

Countrywide Loans in Rhode Island

Countrywide has a range of loan choices for Rhode Island homeowners. Our loan experts will work with you to find the loan that best matches your financial goals. Plus, they know your community. Our interactive tools can get you started. Or, call a Countrywide loan expert today at 1-800-224-4207.

Cities of Rhode Island by Population

    1. Refinancing or taking out a home equity loan or line of credit may increase the total number of monthly payments and/or the total amount paid when compared to your current situation.

    2. Affects pricing. With the No Closing Cost Refi Option, borrowers finance the closing costs instead of paying for them at closing. Borrowers who pay closing costs at closing may qualify for a lower interest rate. Some upfront fees (ex. credit report and appraisal) may apply and may be credited at closing. Call for details.

    3. The relative benefits of a consolidation loan may vary over time and will depend on individual circumstances. The longer the property and loan at a new lower rate and term is kept, the more interest savings can be realized when compared to your current situation. The repayment period of a mortgage loan can generally be shortened when additional funds above scheduled monthly mortgage payments are consistently paid and applied to reduce the loan balance.

    Information gathered from: RI Secretary of State Web Site and Visit RI Web site.

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